David88k
New Member
- 16
I met with a prospect today looking for a 10 or 15 year term with an option to convert to a permanent product down the line anywhere from 5 to 10 years.
We discussed WL/IUL/GUL and gul made the most sense to them but I'm not quite sure which company to recommend that will still offer a GUL in 10+ years.
I know its not the most popular product among carriers and having some carriers pull out of that market I want to make sure I put them with a company thats most likely to offer a GUL down the line.
They just recently bought a house together (father and daughter) and they want to make sure that if anything happens to him that she is able to pay off the house. The daughter is going to be paying for the policy so she can't afford a large premium but in couple of years she wants to be able to convert the policy before the term runs out.
Stats on the Dad 62 relatively healthy and will probably get stnd+ or preferred.
Any recommendations?
We discussed WL/IUL/GUL and gul made the most sense to them but I'm not quite sure which company to recommend that will still offer a GUL in 10+ years.
I know its not the most popular product among carriers and having some carriers pull out of that market I want to make sure I put them with a company thats most likely to offer a GUL down the line.
They just recently bought a house together (father and daughter) and they want to make sure that if anything happens to him that she is able to pay off the house. The daughter is going to be paying for the policy so she can't afford a large premium but in couple of years she wants to be able to convert the policy before the term runs out.
Stats on the Dad 62 relatively healthy and will probably get stnd+ or preferred.
Any recommendations?